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Given the following data: E t = 1 2 0 = $ 1 . 0 0 E t + 1 = 1 3 0 =

Given the following data:
Et=120=$1.00
Et+1=130=$1.00{one year later}
iJapan=6% annually
iU.S.=15% annually
Calculate the future value of a $1,000 investment.
If the $1000 is invested in the U.S., the future value is $1150.(Round your response to two decimal places.)
If the $1000 is invested in Japan (and repatriated back to dollars), the future value is $.(Round your response to two decimal places.)
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